Skip to main content Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. Investor Presentation | Shale Experts
Loading...
Pm

Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp.

Pacific Rubiales Energy Corp. · May 8, 2014 · 17 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 1
    Financial & Opera-onal Results 1Q 2014 Produc(on Growth and Cash Genera(on Focus
  2. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 2
    1Q OPERATIONAL MILESTONES 2014 4
  3. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 3
    1Q 2014 Highlights* 148,827 Boe/d Net ProducFon: 16% higher vs. 1Q 2013 152,847 Sales Volume: 6% higher vs. 1Q and 4Q 2013 Boe/d 1,283 Million Revenue: 2% higher vs. 1Q 2013 708 Million Adjusted EBITDA: 14%…
  4. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 4
    ProducFon Growth Prole Mboe/d Gas Produc-on L&M Oil Produc-on PAP Heavy Oil Produc-on 350 316 325 307 310 311 12 11 12 300 12 12 26 28 29 39 61 3 7 6 250 5 200 148 150 128 128 128 134 11 269 267 264…
  5. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 5
    OperaFonal Eciency Robust Oil Netbacks /bbl Total Opera-ng Cost Netback Realiza-on Price 120 102.06 103.00 99.05 98.44 100 95.84 95.54 Despite varia-ons in oil realiza-on price, netbacks remain strong 38.72 37.27…
  6. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 6
    Commercial AcFvity Oil & Gas Sales Trading Advantages Market Prices RealizaFon Price /bbl /bbl WTI NYMEX ICE BRENT 130 104 103.00 102.06 120 102 100 98.44 110 98 100 95.84 95.54 96 90 94 80 92 70 90…
  7. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 7
    New Heavy Oil Field Developments CPE-6 Extending the Heavy Oil Belt Six appraisal wells drilled during the period Two re-entries into stra-graphic wells undertaken One appraisal well currently drilling Ongoing construc-on of…
  8. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 8
    Pacic Midstream / Infrastructure Mone-za-on of Infrastructure Assets OCENSA transac-on successfully closed during the quarter (385 MM) Pacic Midstream Assets: PEL (100 %) ODL (35.0%) BIC (41.5%) Mandate agreement: IFC…
  9. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 9
    Pacic Rubiales Long-term Strategic Vision Leading (growth & value crea-on) La-n America focused Independent E&P Sustainable growth in produc-on & reserves and cash genera-on Reserves Target growth mainly through drill…
  10. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 10
    1Q EXPLORATION 2014 12
  11. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 11
    1Q 2014 ExploraFon AcFvity Highlights 16 explora-on wells drilled in Colombia (8 explora-on and 8 appraisal) Evalua-on of 8 prospects through drilling 56% success rate this year 672 km2* - 3D seismic in the Quifa Block…
  12. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 12
    1Q 2014 Explora-on Ac-vity - Wells 2014 Block Wells 1Q 2014 ExploraFon Well Results 1Q 2Q 3Q 4Q Arrendajo 2 2 Prospect-Well Net Pay Block Welll Type Result CPE-6 15 6 3 6 Name (i)* CPO-14 2 2 5 Successful CPO-17 3 1 1 1…
  13. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 13
    1Q FINANCIAL RESULTS HIGHLIGHTS 2014 15
  14. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 14
    1Q 2014 Financial Highlights Financial Results OperaFng Netbacks EARNINGS FROM Million REVENUES ADJUSTED EBITDA FFO OPERATIONS /boe Oil Netback Gas Netback Combined Netback 1,400 80 1,283 1,259 70 66.98 1,200 63.34…
  15. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 15
    Financial Results Breakdown P&L 1Q 2014 (Million of US) Cash Costs Non-Cash Costs 1,283 471 29 75 708 61 149 498 376 474 2 2 118 1 119 Revenues Opera-ng Fees Paid on G&A Adjusted EBITDA Finance Income…
  16. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 16
    Strong Balance Sheet, Liquidity RaFos and ProducFon Growth Financial Results (Million of US, except amount per share) 2014 2013 1Q FY 4Q 3Q 2Q 1Q DEBT / ADJUSTED EBITDA-ANNUALIZED 1.61 1.73 1.73 0.91 0.90 0.90 ADJUSTED…
  17. Q1 2014 EARNINGS CALL – Pacific Rubiales Energy Corp. – slide 17

From the store

Browse maps, data & reports in the Shale Experts store